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From the data shown, determine the ESL of the asset. (Note: Values in the table are AW values, not individual year-end values.) Years Retained AW
From the data shown, determine the ESL of the asset. (Note: Values in the table are AW values, not individual year-end values.)
| Years Retained | AW of First Cost, $ | AW of Operating Cost, $ | AW of Salvage Value, $ |
| 1 | -138,000 | -44,000 | 99,000 |
| 2 | -140,000 | -34,000 | 38,095 |
| 3 | -148,000 | -39,000 | 18,127 |
| 4 | -150,000 | -45,000 | 6464 |
| 5 | -132,000 | -53,000 | 3276 |
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Financial Accounting Study Guide
Authors: Jerry J. Weygandt ,Donald E. Kieso ,Paul D. Kimmel
4th Edition
0471205117, 978-0471205111
